An effort is underway to ensure that the TOD projects being built near MARTA rail stations are developed in an equitable fashion that address the needs of the entire community. The goal is to foster mixed-income communities that offer affordable housing options and access to jobs and other amenities, such as fresh, healthy food, for residents of all income levels.
To promote equitable TOD in the Atlanta region, a group of government agencies, businesses and nonprofit groups, including MARTA, ARC and Enterprise Community Partners, came together to create the TransFormation Alliance, with funding provided by the Ford Foundation. Equitable TOD seeks to achieve:
- Increases in property values without displacing the residents who would most benefit from the increase
- Greater economic opportunity by creating easier access for low and moderate income households
A balance between return on investment for private investors and equity goals